8000inc (EIGH.pk) subsidiary Skyvillas Realty property portfolio approaches the quarter billion $BDS mark

Skyvillas Realty(SVR), part of the 8000inc USD $75M investment strategy, starts the year adding another USD $10M to its property portfolio

MANASSAS, VA, Feb. 5 /PRNewswire-FirstCall/ - SVR has this week closed contracts for the sale of a further USD$10M worth of property. The current value of portfolio sales for SVR is now in excess of USD$110M. For the months December 2009 to January 2010, SVR reported pending sales of USD$5.6M.

Thomas Kelly said, "this is an exceptional result and financial position for Sky to be reporting. To be generating this level of interest and revenue at such an early stage is highly commendable and encouraging. We can only imagine the results when the new Skyvillas web site goes live which I am expecting any day now. Once that becomes active, and the awareness program begins, I can see Joel accelerating our expansion plans. 8000inc, and myself personally, are extremely impressed and proud with what is happening with Skyvillas."

Joel Parris, Managing Director SVR stated, "last month we expected USD$500M of listings by the end of the year, which now looks conservative! The way in which the whole program has expanded through 8000inc is quite staggering and I am relishing the challenge of taking the unique Sky approach to other countries. I feel the team and our vision has been proven and we should all be very proud of that."

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of 8000 Inc. see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.

SOURCE 8000 Inc.

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